NOT LISTED FOR SALE

416 Spruce St Reading, PA 19602

Estimated Value: $114,715

3 Beds
2 Baths
2,072 Sq Ft
$55/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2022

Last sale price $100,000 $48 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $695 / mo

3 Days on Market

Highlights

  • Traditional Architecture
  • Cooling Available
  • Electric Baseboard Heater
  • No HOA
  • 2 Detached Carport Spaces
  • 4-minute walk to Riverfront Park

About This Home

As of July 2022

Investment Opportunity! This home has two rental units, both are rented to long term tenants. First floor is a 1 bedroom, 1 bathroom apartment currently rented for $495/month. There is carport parking available, and is being used by 1st floor tenants. Second floor is a 2 bedroom, 1 bathroom apartment currently rented for $550/month. The landlord pays for water/sewer and trash/recycle, all other utilities are covered by the tenants. Schedule your showing today!

Last Agent to Sell the Property

Ron Flowers

(610) 898-1441 frontdesk1110@kw.com Keller Williams Platinum Realty - Wyomissing Listed on: 04/27/2022

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Brian Guzman

(610) 372-0212 urestrive212@gmail.com United Real Estate Strive 212

United Real Estate Strive 212

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,408

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,072 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces

Utilities

  • Cooling Available
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4484
  • Assessor Parcel Number 01-5306-34-78-4484

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,408

Year Built

Built in 1900

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2072
  • Living Area Sq Ft: 2072
  • Price Per Sq Ft: 38.56
  • Above Grade Finished Sq Ft: 2072
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Number Of Detached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Carport

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 22200.00
  • Land Assessed Value: 10000.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: MIXED USE

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1440067
  • School Tax: 577.00
  • Tax Annual Amount: 1408.00
  • Assessor Parcel Number: 01-5306-34-78-4484
  • Tax Lot: 4484
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: READING

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Bought by
Current Estimated Value
$114,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Outstanding Balance
$110,829
Interest Rate
18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 28, 2022
Sold by
Bought by
Seller's Agent
Ron Flowers
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Brian Guzman
United Real Estate Strive 212
List Price
$79,900
Sold Price
$100,000
Premium/Discount to List
$20,100
25.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2001
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$88,550 None Listed On Document
$100,000 None Listed On Document
$2,250 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $111,000
Previous Owner $35,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $100,000 +25.2% $48 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $79,900 -- $39 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $909 $32,200 $10,000 $22,200
2025 $874 $32,200 $10,000 $22,200
2024 $1,430 $32,200 $10,000 $22,200
2023 $1,408 $32,200 $10,000 $22,200
2022 $1,408 $32,200 $10,000 $22,200
2021 $1,408 $32,200 $10,000 $22,200
2020 $1,394 $32,200 $10,000 $22,200
2019 $1,394 $32,200 $10,000 $22,200
2018 $1,394 $32,200 $10,000 $22,200
2017 $1,384 $32,200 $10,000 $22,200
2016 $791 $32,200 $10,000 $22,200
2015 $791 $32,200 $10,000 $22,200
2014 $728 $32,200 $10,000 $22,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2014958

Bright MLS

APN: 01-5306-34-78-4484

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